You might came across Variant Template Field when going through rendering variants insert options and wondered, what is that? Variant Template Field is a special field that uses NVelocity templates (supported by Sitecore.NVelocity.dll) in order to render the value.

One of the MVPs - Michael West - has briefly mentioned built-in token tools coming with SXA. I decided to take a look on these tools. I found them in Sitecore.XA.Foundation.Variants.Abstractions.dll under Sitecore.XA.Foundation.Variants.Abstractions.NVelocityExtensions namespace. Here's their code: